c.s.s.i.b. limited

Live MatureMicroDeclining

c.s.s.i.b. limited Company Information

Share C.S.S.I.B. LIMITED

Company Number

05454995

Shareholders

christopher ware

julia ware

Group Structure

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Industry

Management consultancy activities (other than financial management)

 +1

Registered Address

charter house, 103 -105 leigh road, leigh-on-sea, essex, SS9 1JL

Website

-

c.s.s.i.b. limited Estimated Valuation

£31.3k

Pomanda estimates the enterprise value of C.S.S.I.B. LIMITED at £31.3k based on a Turnover of £69k and 0.45x industry multiple (adjusted for size and gross margin).

c.s.s.i.b. limited Estimated Valuation

£0

Pomanda estimates the enterprise value of C.S.S.I.B. LIMITED at £0 based on an EBITDA of £-41.4k and a 3.34x industry multiple (adjusted for size and gross margin).

c.s.s.i.b. limited Estimated Valuation

£19.5k

Pomanda estimates the enterprise value of C.S.S.I.B. LIMITED at £19.5k based on Net Assets of £7.9k and 2.46x industry multiple (adjusted for liquidity).

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C.s.s.i.b. Limited Overview

C.s.s.i.b. Limited is a live company located in leigh-on-sea, SS9 1JL with a Companies House number of 05454995. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2005, it's largest shareholder is christopher ware with a 50% stake. C.s.s.i.b. Limited is a mature, micro sized company, Pomanda has estimated its turnover at £69k with declining growth in recent years.

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C.s.s.i.b. Limited Health Check

Pomanda's financial health check has awarded C.S.S.I.B. Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £69k, make it smaller than the average company (£4m)

£69k - C.s.s.i.b. Limited

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -45%, show it is growing at a slower rate (9.8%)

-45% - C.s.s.i.b. Limited

9.8% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a higher cost of product (53.3%)

24.9% - C.s.s.i.b. Limited

53.3% - Industry AVG

profitability

Profitability

an operating margin of -60% make it less profitable than the average company (6.2%)

-60% - C.s.s.i.b. Limited

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (22)

2 - C.s.s.i.b. Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)

£60.8k - C.s.s.i.b. Limited

£60.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £34.5k, this is less efficient (£146.8k)

£34.5k - C.s.s.i.b. Limited

£146.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is earlier than average (57 days)

42 days - C.s.s.i.b. Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (30 days)

1 days - C.s.s.i.b. Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - C.s.s.i.b. Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - C.s.s.i.b. Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.2%, this is a lower level of debt than the average (57.7%)

2.2% - C.s.s.i.b. Limited

57.7% - Industry AVG

C.S.S.I.B. LIMITED financials

EXPORTms excel logo

C.S.S.I.B. Limited's latest turnover from March 2024 is estimated at £69 thousand and the company has net assets of £7.9 thousand. According to their latest financial statements, C.S.S.I.B. Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover68,965127,22035,142404,727625,678972,8371,145,038202,363714,70049,36354,06955,62348,11954,480127,176
Other Income Or Grants000000000000000
Cost Of Sales51,81794,28526,217303,321469,866716,747824,442142,661508,75434,89037,88438,14832,12436,61185,828
Gross Profit17,14832,9358,925101,406155,812256,089320,59659,703205,94614,47316,18417,47515,99517,86941,348
Admin Expenses58,52571,790104,997187,678298,982342,001400,73437,367185,160-30,187-25,2333,787-4,609-52,292-504,669
Operating Profit-41,377-38,855-96,072-86,272-143,170-85,912-80,13822,33620,78644,66041,41713,68820,60470,161546,017
Interest Payable000000000000000
Interest Receivable000000007131,3611,8112,3222,2872,1421,013
Pre-Tax Profit-41,377-38,855-96,072-86,272-143,170-85,912-80,13822,33621,49946,02043,22916,01122,89172,303547,031
Tax0000000-4,467-4,300-9,664-9,943-3,843-5,952-20,245-153,169
Profit After Tax-41,377-38,855-96,072-86,272-143,170-85,912-80,13817,86917,19936,35633,28612,16816,93952,058393,862
Dividends Paid000000000000000
Retained Profit-41,377-38,855-96,072-86,272-143,170-85,912-80,13817,86917,19936,35633,28612,16816,93952,058393,862
Employee Costs121,540115,25555,400103,922151,232219,916258,33651,569153,68651,41651,06650,11949,60047,51649,127
Number Of Employees221234513111111
EBITDA*-41,377-38,855-96,072-86,272-143,170-85,912-80,13822,33620,78644,66041,41713,68820,60470,161546,017

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets0072,1690000501,9540000000
Intangible Assets000000000000000
Investments & Other00000000321,332249,226248,1940000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets0072,1690000501,955321,332249,226248,1940000
Stock & work in progress000000000000000
Trade Debtors8,11849,52316,220184,543271,636418,029499,85377,864241,14114,90615,00015,90710,50012,15028,259
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000000285,202259,029465,491463,498451,244405,389
misc current assets000000000000000
total current assets8,11849,52316,220184,543271,636418,029499,85377,864241,141300,108274,029481,398473,998463,394433,648
total assets8,11849,52388,390184,543271,636418,029499,853579,819562,473549,334522,223481,398473,998463,394433,648
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1782062172981,1184,342254826054,56513,8106,271000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000000000011,03917,37439,686
total current liabilities1782062172981,1184,342254826054,56513,8106,27111,03917,37439,686
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities1782062172981,1184,342254826054,56513,8106,27111,03917,37439,686
net assets7,94049,31888,173184,245270,517413,687499,598579,737561,868544,769508,413475,127462,959446,020393,962
total shareholders funds7,94049,31888,173184,245270,517413,687499,598579,737561,868544,769508,413475,127462,959446,020393,962
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-41,377-38,855-96,072-86,272-143,170-85,912-80,13822,33620,78644,66041,41713,68820,60470,161546,017
Depreciation000000000000000
Amortisation000000000000000
Tax0000000-4,467-4,300-9,664-9,943-3,843-5,952-20,245-153,169
Stock000000000000000
Debtors-41,40533,303-168,323-87,092-146,393-81,824421,989-163,278226,235-94-9075,407-1,650-16,10928,259
Creditors-28-12-81-820-3,2244,088172-523-3,960-9,2457,5396,271000
Accruals and Deferred Income00000000000-11,039-6,335-22,31239,686
Deferred Taxes & Provisions000000000000000
Cash flow from operations0-72,17072,1700-10-501,955180,624-213,70925,84539,920-3309,96743,713404,275
Investing Activities
capital expenditure072,169-72,169000501,954-501,9540000000
Change in Investments0000000-321,33272,1061,032248,1940000
cash flow from investments072,169-72,169000501,954-180,622-72,106-1,032-248,1940000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000-10000000100
interest000000007131,3611,8112,3222,2872,1421,013
cash flow from financing000000006131,3611,8112,3222,2872,1421,113
cash and cash equivalents
cash00000000-285,20226,173-206,4621,99312,25445,855405,389
overdraft000000000000000
change in cash00000000-285,20226,173-206,4621,99312,25445,855405,389

c.s.s.i.b. limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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C.s.s.i.b. Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for c.s.s.i.b. limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.

c.s.s.i.b. limited Ownership

C.S.S.I.B. LIMITED group structure

C.S.S.I.B. Limited has no subsidiary companies.

Ultimate parent company

C.S.S.I.B. LIMITED

05454995

C.S.S.I.B. LIMITED Shareholders

christopher ware 50%
julia ware 50%

c.s.s.i.b. limited directors

C.S.S.I.B. Limited currently has 2 directors. The longest serving directors include Mrs Julia Ware (May 2005) and Mr Christopher Ware (May 2005).

officercountryagestartendrole
Mrs Julia WareUnited Kingdom62 years May 2005- Director
Mr Christopher WareCanada61 years May 2005- Director

P&L

March 2024

turnover

69k

-46%

operating profit

-41.4k

0%

gross margin

24.9%

-3.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

7.9k

-0.84%

total assets

8.1k

-0.84%

cash

0

0%

net assets

Total assets minus all liabilities

c.s.s.i.b. limited company details

company number

05454995

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

62090 - Other information technology and computer service activities

incorporation date

May 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

charter house, 103 -105 leigh road, leigh-on-sea, essex, SS9 1JL

Bank

-

Legal Advisor

-

c.s.s.i.b. limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to c.s.s.i.b. limited.

c.s.s.i.b. limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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c.s.s.i.b. limited Companies House Filings - See Documents

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